Customs

Proposed Diesel Refund Amendments

Comment is due on 19 April 2013 in respect of the proposed amendments to Schedule No.6 to the Act relating to diesel refunds. The first amendment relates to Schedule No.6 Part 3 to the Act for the insertion of Note 5A to make retrospective allowance for supplementary information that farming diesel refund beneficiaries may present in the absence of logbooks to support refund claims for the period 01 April 2011 to 31 March 2013. The second amendment to Schedule No.6 Part 3 to the Act relates to the deletion of Note 5A and insertion of Note 6(a)(xi) to define the logbook record requirements expected from all diesel refund beneficiaries to substantiate diesel refund claims. Sars has also published an example of a Diesel Storage Logbook and of a Diesel Usage Logbook.

SA Customs Buzz